Pre-Trading Thoughts

The Egyptian Mineral Resources Authority launched a global tender for the exploration of kaolin sand, glass sand, and other minerals yesterday, according to a statement from the Oil Ministry. Investors have until 13 February to submit their offers. Finance Minister Ahmed Kouchouk has extended the window for settling tax disputes until 30 June 2025 and will offer taxpayers a quick and effective method to settle their custom and tax disputes. The US Federal Reserve cut interest rates for ...